SIPCOT Citizens' Charter

Purpose and scope

The SIPCOT Citizens' Charter describes how the State Industries Promotion Corporation of Tamil Nadu Limited plans, develops, operates and promotes industrial infrastructure. It is relevant to businesses applying for land, existing industrial park allottees and professionals advising them. The corporation aims to clear allotments within 60 days from receipt of applications through its online portal.

Applying for industrial land

The State Industries Promotion Corporation of Tamil Nadu Limited requires land allotment applications to be filed through its online portal with the required documents, initial deposit, processing fee and applicable Goods and Services Tax.

Key conditions include:

• Filing an application and paying the initial deposit does not create a right to allotment.
• The initial deposit is adjusted against the cost of an allotted plot.
• If an application is closed or rejected, the applicant must claim the initial deposit within 30 days of the closure or rejection letter. Otherwise, it is forfeited.
• Developed plots are allotted by the Chairman and Managing Director or Managing Director under delegated powers.

Lease and implementation deadlines

SIPCOT industrial plots are allotted on a 99-year lease. The lease may be renewed for another 99 years on mutually agreed terms or under the corporation's prevailing policy.

Allottees must:

• Accept the allotment within 7 days and pay the full plot cost, including the 5% caution deposit, within 30 days. Failure results in automatic cancellation and forfeiture of the initial deposit for the allotted extent.
• Execute the lease deed within 45 days after paying the plot cost. Delay attracts a penalty of 0.5% of the prevailing plot cost for every 30 days.
• Take possession within 15 days after execution or registration of the lease deed. Failure may result in cancellation.
• Complete the project within 36 months from the allotment order. A further 12 months may be allowed against a bank guarantee equal to 15% of the prevailing plot cost, followed by a final 12-month extension if the guarantee is forfeited.
• Complete implementation within five years, including extensions, to avoid cancellation and resumption of the plot.

An allottee may surrender land with a refund of the amount paid, subject to a 1% reduction.

Ongoing responsibilities

SIPCOT industrial park allottees must pay maintenance charges for common facilities and applicable water charges. They must follow the approved business activity, obtain prior approval for changes, secure building plan approval, obtain pollution control consents, comply with the park's environmental clearance and apply to the Tamil Nadu Generation and Distribution Corporation Limited for electricity.